Matthew 25 Management Corp Long-Term Concentrated

CIK: 0001351431 · Show all filings

Period: Q3 2013 (← Previous) (Next →)

Filing Date: Nov 14, 2013

Total Value ($000): $675,523,113 (100.0% shares, 0.0% debt)

Holdings (28)

AAPL Apple, Inc. 12.1%

Value ($000) $82,001,000 Shares 172,000 Est. Cost $13.30 Unrealized +7.4%

— Cabela's Inc. 7.3%

Value ($000) $49,005,825 Shares 777,500 Est. Cost $10795.17 Unrealized —

BDN Brandywine Realty Trust 5.7%

Value ($000) $38,353,800 Shares 2,910,000 Est. Cost $2207.93 Unrealized —

PII Polaris Industries, Inc. 5.6%

Value ($000) $38,108,100 Shares 295,000 Est. Cost $90.50 Unrealized +24.1%

TELFY Telefonica SA 5.5%

Value ($000) $37,152,000 Shares 2,400,000 Est. Cost $1752.87 Unrealized —

MA Mastercard Inc. 5.5%

Value ($000) $37,002,900 Shares 55,000 Est. Cost $51.54 Unrealized +13.1%

FDX FedEx Corporation 5.3%

Value ($000) $35,545,265 Shares 311,500 Est. Cost $82.63 Unrealized +10.4%

— KKR & Co. LP 5.2%

Value ($000) $34,986,000 Shares 1,700,000 Est. Cost $1731.16 Unrealized —

— Scripps Networks Interactive, Inc 5.2%

Value ($000) $34,954,225 Shares 447,500 Est. Cost $1374.75 Unrealized —

GS Goldman Sachs Group, Inc. 5.1%

Value ($000) $34,173,360 Shares 216,000 Est. Cost $120.96 Unrealized +5.1%

— Google, Inc. 5.0%

Value ($000) $33,722,535 Shares 38,500 Est. Cost $97474.55 Unrealized —

BRK/A Berkshire Hathaway Inc. Class A 5.0%

Value ($000) $33,570,770 Shares 197 Est. Cost $166038.45 Unrealized +4.2%

— JP Morgan Chase & Co. 4.7%

Value ($000) $32,021,955 Shares 619,500 Est. Cost $46268.15 Unrealized —

CAT Caterpillar, Inc. 3.6%

Value ($000) $24,644,700 Shares 295,500 Est. Cost $61.55 Unrealized +0.1%

EWBC East West Bancorp, Inc. 3.2%

Value ($000) $21,726,000 Shares 680,000 Est. Cost $19.15 Unrealized +19.6%

HAL Halliburton Co. 2.4%

Value ($000) $16,250,625 Shares 337,500 Est. Cost $33.39 Unrealized +11.8%

KELYA Kelly Services, Inc. 2.3%

Value ($000) $15,488,385 Shares 795,500 Est. Cost $15.04 Unrealized +7.7%

— Kansas City Southern 2.1%

Value ($000) $14,271,480 Shares 130,500 Est. Cost $4710.54 Unrealized —

DVN Devon Energy Corporation 1.9%

Value ($000) $12,620,560 Shares 218,500 Est. Cost $37.09 Unrealized +2.7%

— Southwestern Energy Co. 1.7%

Value ($000) $11,441,510 Shares 314,500 Est. Cost $845.45 Unrealized —

PNC The PNC Financial Services Group, Inc. 1.4%

Value ($000) $9,418,500 Shares 130,000 Est. Cost $51.33 Unrealized 0.0%

SJM JM Smucker Co. 1.3%

Value ($000) $8,980,920 Shares 85,500 Est. Cost $70.84 Unrealized +6.9%

— Biglari Holdings Inc. 1.2%

Value ($000) $8,084,618 Shares 19,591 Est. Cost $81237.79 Unrealized —

SYK Stryker Corp. 0.9%

Value ($000) $5,745,150 Shares 85,000 Est. Cost $56.92 Unrealized +4.4%

KMI Kinder Morgan, Inc. 0.5%

Value ($000) $3,379,150 Shares 95,000 Est. Cost $20.66 Unrealized -2.4%

JPM JP Morgan Chase & Co 0.3%

Value ($000) $2,054,776 Shares 122,600 Est. Cost $36.24 Unrealized +6.3%

— Kinder Morgan Inc. Warrant 0.1%

Value ($000) $652,064 Shares 131,200 Est. Cost $5.12 Unrealized —

KELYB Kelly Services, Inc. 0.0%

Value ($000) $166,940 Shares 8,500 Est. Cost $15.64 Unrealized +5.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	Apple, Inc.	172,000	$82,001,000	12.1%	$13.30	+7.4%	COM	037833100
—	Cabela's Inc.	777,500	$49,005,825	7.3%	$10795.17	—	COM	126804301
BDN	Brandywine Realty Trust	2,910,000	$38,353,800	5.7%	$2207.93	—	COM	105368203
PII	Polaris Industries, Inc.	295,000	$38,108,100	5.6%	$90.50	+24.1%	COM	731068102
TELFY	Telefonica SA	2,400,000	$37,152,000	5.5%	$1752.87	—	ADR	879382208
MA	Mastercard Inc.	55,000	$37,002,900	5.5%	$51.54	+13.1%	CLA	57636Q104
FDX	FedEx Corporation	311,500	$35,545,265	5.3%	$82.63	+10.4%	COM	31428X106
—	KKR & Co. LP	1,700,000	$34,986,000	5.2%	$1731.16	—	COM	48248M102
—	Scripps Networks Interactive, Inc	447,500	$34,954,225	5.2%	$1374.75	—	COM	811065101
GS	Goldman Sachs Group, Inc.	216,000	$34,173,360	5.1%	$120.96	+5.1%	COM	38141G104
—	Google, Inc.	38,500	$33,722,535	5.0%	$97474.55	—	CLA	38259P508
BRK/A	Berkshire Hathaway Inc. Class A	197	$33,570,770	5.0%	$166038.45	+4.2%	CLA	084670108
—	JP Morgan Chase & Co.	619,500	$32,021,955	4.7%	$46268.15	—	W EXP	46634E114
CAT	Caterpillar, Inc.	295,500	$24,644,700	3.6%	$61.55	+0.1%	COM	149123101
EWBC	East West Bancorp, Inc.	680,000	$21,726,000	3.2%	$19.15	+19.6%	COM	27579R104
HAL	Halliburton Co.	337,500	$16,250,625	2.4%	$33.39	+11.8%	COM	406216101
KELYA	Kelly Services, Inc.	795,500	$15,488,385	2.3%	$15.04	+7.7%	CLA	488152208
—	Kansas City Southern	130,500	$14,271,480	2.1%	$4710.54	—	COM	485170302
DVN	Devon Energy Corporation	218,500	$12,620,560	1.9%	$37.09	+2.7%	COM	25179M103
—	Southwestern Energy Co.	314,500	$11,441,510	1.7%	$845.45	—	COM	845467109
PNC	The PNC Financial Services Group, Inc.	130,000	$9,418,500	1.4%	$51.33	0.0%	COM	693475105
SJM	JM Smucker Co.	85,500	$8,980,920	1.3%	$70.84	+6.9%	COM	832696405
—	Biglari Holdings Inc.	19,591	$8,084,618	1.2%	$81237.79	—	COM	08986R101
SYK	Stryker Corp.	85,000	$5,745,150	0.9%	$56.92	+4.4%	COM	863667101
KMI	Kinder Morgan, Inc.	95,000	$3,379,150	0.5%	$20.66	-2.4%	COM	49456B101
JPM	JP Morgan Chase & Co	122,600	$2,054,776	0.3%	$36.24	+6.3%	COM	46625H100
—	Kinder Morgan Inc. Warrant	131,200	$652,064	0.1%	$5.12	—	W EXP	49456B119
KELYB	Kelly Services, Inc.	8,500	$166,940	0.0%	$15.64	+5.2%	CLB	488152307